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I am relatively new here, and I am in the process of reading Brandon Turner’s The Multifamily Millionaire vol. I (it’s also credited to Brian Murray, but it seems that Brandon has mostly written vol. I and then Brian ...
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Hi everyone! Have been reading Bigger Pockets and listening to the podcasts for over a year now and am happy to say I was able to get my first deal in January because of all the great information. Ended up with a dupl...
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Hi -- Can someone please explain how I'd be able to figure out a cap rate on a calculator as if I were a 5 year old?I've seen several other investors try to explain this and it still looks like Chinese to me (and I do...
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In a few recent conversations with different folks, it has come up how they are calculating financial performance on multi-family projects. I feel the need to write an article on this, since in many of these conversat...
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Hello, colleagues first and for most i would like to think you for letting me be part of your networks. As an new investor the information i receive from other investors such as yourselves is very valuable to me and ...
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Hey all! So I'm fairly new to REI and have just got on to some wholesaler's buyer's lists. When they send me deals, they all look fairly good! they usually cost about 30-40k, repairs 10-15k, then arv is 100k+! Yet the...
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Hey everyone,
I'm currently working on a remodel which I plan to BRRRR. I'm wondering if you do your cash on cash return estimates considering a cash-out refinance. Meaning if I refinance and say I take out the amoun...
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Using the information given on sites like zillow, trulia, etc. How do you quickly analyze the quality of a deal? Often the monthly income isn't given. Do you guys ask for more information on every property that intere...
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Im a new wholesaler and ive got my eye on a sfr thats listed for 265k free and clear owner, the whole inside is gutted so all it needs is appliances tiling/carpet, countertops etc... outside is mint and updated alread...
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Every calculator has stuff that seems irrelevant or is not true to the situation. My purchase price was over 20 years ago, I do not remember closing costs, have refinanced twice at least and I have been renting it fo...